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ARTICLE · 24 JUNE 2015

TIER II Loans And Its Ranking Under Turkish Law

ELIG Gürkaynak Attorneys-at-Law
ELIG Gürkaynak Attorneys-at-Law
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ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law

ELIG Gürkaynak Attorneys-at-Law is an eminent, independent Turkish law firm based in Istanbul. The...

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The Basel Committee on Banking Supervision proposed reforms after 2007, known as Basel III. The Basel Committee, including Turkey, decided to implement Basel III starting from 2013 until 2019.

TurkeyFinance and Banking
Tunç Lokmanhekim
Tunç Lokmanhekim
Aslıhan Erdem
Aslıhan Erdem
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The Basel Committee on Banking Supervision proposed reforms after 2007, known as Basel III. The Basel Committee, including Turkey, decided to implement Basel III starting from 2013 until 2019. The regulation on equity of banks (the "Regulation") is one of the regulations introduced by Basel III, which the Banking Regulation and Supervision Authority of the Republic of Turkey (the "BRSA") is prepared to implement1. The Regulation was enforced on January 1, 2014 and abolished the previous regulation on equity of banks dated November 1, 2006 (the "Previous Regulation").

A bank's total capital is calculated by adding total tier I capital (ana sermaye) that comprises of common equity tier I capital (çekirdek sermaye) and additional tier I capital (ilave ana sermaye) to tier II capital (katkı sermaye), minus the items to be deducted from the sum of total tier I capital to tier II capital.2

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